MEDRIX: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MEDRIX
Largest movements
- Current investments +€123,542
up €123,542, from €0 to €123,542
- Cash -€116,463
down €116,463 (-37.3%), from €311,926 to €195,464
mainly Current investments (-€123,542) and Investment in fixed assets (net) (-€37,317)
- Financial fixed assets +€25,000
new in 2025: €25,000
- Receivables within one year +€14,001
up €14,001 (+29.1%), from €48,077 to €62,078
of which Other amounts receivable: +€13,125
- Provisions +€33,098
new in 2025: €33,098
- Reserves +€15,684
up €15,684 (+4.4%), from €356,400 to €372,084
- Gross operating margin -€96,167
down €96,167 (-72.1%), from €133,448 to €37,281
- Provisions +€33,098
new in 2025: €33,098
- Taxes -€30,330
down €30,330 (-80.5%), from €37,697 to €7,366
- Financial income +€19,340
up €19,340 (+138.1%), from €14,008 to €33,347
- Other operating charges +€1,353
up €1,353 (+100.0%), from €1,353 to €2,706
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €387,661 | €436,459 | +€48,798 | +12.6% |
| Fixed assets | 21/28 | €25,129 | €51,775 | +€26,647 | +106.0% |
| Tangible fixed assets | 22/27 | €25,129 | €26,775 | +€1,647 | +6.6% |
| Plant, machinery and equipment | 23 | €11,058 | €5,763 | -€5,295 | -47.9% |
| Furniture and vehicles | 24 | €14,071 | €17,059 | +€2,988 | +21.2% |
| Other tangible fixed assets | 26 | - | €3,954 | +€3,954 | |
| Financial fixed assets | 28 | - | €25,000 | +€25,000 | |
| Current assets | 29/58 | €362,533 | €384,684 | +€22,151 | +6.1% |
| Amounts receivable within one year | 40/41 | €48,077 | €62,078 | +€14,001 | +29.1% |
| Trade receivables | 40 | €15,692 | €16,567 | +€876 | +5.6% |
| Other amounts receivable | 41 | €32,386 | €45,511 | +€13,125 | +40.5% |
| Current investments | 50/53 | €0 | €123,542 | +€123,542 | |
| Cash at bank and in hand | 54/58 | €311,926 | €195,464 | -€116,463 | -37.3% |
| Deferred charges and accrued income | 490/1 | €2,529 | €3,600 | +€1,071 | +42.3% |
| Total equity and liabilities | 10/49 | €387,661 | €436,459 | +€48,798 | +12.6% |
| Equity | 10/15 | €362,597 | €378,281 | +€15,684 | +4.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €356,400 | €372,084 | +€15,684 | +4.4% |
| Distributable reserves | 133 | €356,400 | €372,084 | +€15,684 | +4.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | - | €33,098 | +€33,098 | |
| Provisions for liabilities and charges | 160/5 | - | €33,098 | +€33,098 | |
| Other liabilities and charges | 164/5 | - | €33,098 | +€33,098 | |
| Amounts payable | 17/49 | €25,064 | €25,080 | +€15 | +0.1% |
| Amounts payable within one year | 42/48 | €25,064 | €23,475 | -€1,590 | -6.3% |
| Trade debts | 44 | €931 | €740 | -€191 | -20.5% |
| Suppliers | 440/4 | €931 | €740 | -€191 | -20.5% |
| Taxes, remuneration and social security | 45 | €24,133 | €22,735 | -€1,399 | -5.8% |
| Taxes | 450/3 | €24,133 | €22,735 | -€1,399 | -5.8% |
| Accrued charges and deferred income | 492/3 | €0 | €1,605 | +€1,605 | |
| Non-recurring operating income | 76A | €0 | €719 | +€719 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,713 | €10,671 | -€42 | -0.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €33,098 | +€33,098 | |
| Other operating charges | 640/8 | €1,353 | €2,706 | +€1,353 | +100.0% |
| Non-recurring operating charges | 66A | €462 | €0 | -€462 | -100.0% |
| Gross operating margin | 9900 | €133,448 | €37,281 | -€96,167 | -72.1% |
| Operating profit (loss) | 9901 | €120,919 | -€9,195 | -€130,114 | |
| Financial income | 75/76B | €14,008 | €33,347 | +€19,340 | +138.1% |
| Recurring financial income | 75 | €14,008 | €33,347 | +€19,340 | +138.1% |
| Financial charges | 65/66B | €228 | €1,103 | +€874 | +383.1% |
| Recurring financial charges | 65 | €228 | €1,103 | +€874 | +383.1% |
| Profit (loss) for the period before taxes | 9903 | €134,699 | €23,050 | -€111,648 | -82.9% |
| Income taxes | 67/77 | €37,697 | €7,366 | -€30,330 | -80.5% |
| Profit (loss) for the period | 9904 | €97,002 | €15,684 | -€81,318 | -83.8% |
| Profit (loss) for the period to be appropriated | 9905 | €97,002 | €15,684 | -€81,318 | -83.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.